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Kling, Chinese AI video generator, raises $2 billion ahead of Hong Kong IPO

Kuaishou's AI video division, Kling, has raised approximately $2 billion from investors.

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The funding round precedes a planned IPO in Hong Kong, signaling a major milestone for the company.

Kling aims to compete in China's generative AI space, challenging solutions like OpenAI's Sora.

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Auto-synthesis from 1 media source · identified on July 3, 2026
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